Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal

Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal

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Equity
Direct
Large-Cap
NAV: ₹ 62.4 as on 21-05-2024

About the Fund

Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Gaurav Misra. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal has ₹38060 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.5.
Fund Performance
zero opening, trading, fund transfer fee
40 people have invested ₹ 2.4L in Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal in the last three months

Overview

Expense ratio
Expense ratio
0.53%
Benchmark
Benchmark
S&P BSE 100 India TR INR
AUM
AUM
₹38060 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
22.26%

Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal Distribution as on (30-Apr-24)

  • Equity 99.2%

  • Debt & Cash 0.8%

Size breakup

Large cap
84.3%
Mid cap
12.6%
Small cap
2.4%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
36.8%
Tech
12%
Consumer Cyclical
9.7%
Energy
8.6%
Basic Materials
8%
Consumer Defensive
7.4%
Industrial
6.9%
Health
5.4%
Communication
3.8%
Utilities
1.6%

Top Holdings of Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings64
Debt Holdings1

Gainers & Losers Returns for the month of Apr

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
2.45%
0.43%
0.46%
Nifty 100
1.43%
0.26%
2.21%
  • This fund’s returns stands at 2.45% whereas the fund’s underlying benchmark Nifty 100 returns stands at 1.43% as on Apr'24
  • This fund outperformed Nifty 100 by 1.03% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 38.1K Cr
₹ 37.9K Cr
₹ 37.7K Cr
  • AUM of the fund stands at 38.1K Cr as of Apr'24
  • AUM increased by 175.6 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Gaurav Misra
Gaurav Misra
Fund Manager of Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal, since 31 January 2019

Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 16.58% since inception which is more than its category average return of 13.52%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.23% in Equity, 0% in Debt and 0.77% in Cash related instruments
AUM size ₹38060 Cr

AUM size ₹38060 Cr

This fund has AUM of ₹38060 Cr which is more than its category average of ₹ 6286 Cr
Expense Ratio 0.53%

Expense Ratio 0.53%

This fund has an expense ratio of 0.53% which is less than its category average expense ratio of 1.31%

Frequently Asked Questions

The current NAV of Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal is ₹62.4 as on 21-May-2024.
Existing (Absolute + CAGR) as on 21-May-2024.
Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
2.55%
2.55%
6 Month Returns
12.35%
12.35%
1 Year Returns
23.19%
23.19%
3 Years Returns
52.38%
15.07%
5 Years Returns
106.22%
15.58%
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0.53% as on April 2024
₹38060 Cr as on April 2024
HDFC Bank Ltd(9.79%), ICICI Bank Ltd(8.15%), Reliance Industries Ltd(7.82%), Infosys Ltd(6.02%), Axis Bank Ltd(5.16%) as on April 2024
Financial Services(36.55%), Tech(11.9%), Consumer Cyclical(9.62%) as on April 2024
The alpha ratio for the Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal
-1.99
-0.19
-0.42
As on April 2024
The alpha for Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal is calculated against S&P BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal
0.83
0.85
0.94
As on April 2024
The Beta for Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal is calculated with S&P BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal
1.72
0.86
0.59
As on April 2024
The sharpe ratio for Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal is calculated with S&P BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal
9.37
11.58
17.72
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.56 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Gaurav Misra is the fund manager of Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal
The Exit load of Mirae Asset Large Cap Fund Direct Plan Payout of Income Distribution cum capital withdrawal is 1%